Home > Sources > Federal Reserve Bank of Philadelphia
State Leading Indexes, Release Date: 2014-01-02
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Name
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State Leading Indexes
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Link
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https://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/
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Source
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Federal Reserve Bank of Philadelphia
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Notes
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The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.
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